New wave company agreed to acquire AIINS INCORPORATION from pocketgamez Inc. (KOSE:A004870) for KRW 1.6 billion in cash on April 2, 2013. pocketgamez agreed to sell 0.2 million shares of AIINS. AIINS Inc. reported total assets of KRW 3.42 billion, total liabilities of KRW 2.47 million and stockholders' equity of KRW 949 million as of February 25, 2013.

The Board of Directors of pocketgamez took the resolution for transaction on April 2, 2013. The transaction is expected to close by May 16, 2013. As of May 15, 2013, the deal is expected to close by July 30, 2013.

The deal is expected to close on October 10, 2013. The Board of Directors resolved to undertake the transaction on October 10, 2013 and the transaction is expected to close on November 28, 2013.